Moxion – Governor Newsom Visits Moxion Power as Company Announces Energy Storage Gigafactory in Richmond, CA – 7GWh of Battery Capacity

SourceBatteries News
Date Published05/26/2023

Additional Reshoring Information:

Company/Division name Moxion Power
Parent companyMoxion Power
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):800
Year reshoring announced:2023
City reshored to:Richmond
State(s) reshored to:CA
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredclean, mobile energy storage technology
What non-domestic negative factors made offshoring less attractive?Regulatory compliance
What domestic positive factors made reshoring more attractive?Govt. Policy and subsidies, Proximity to customers/market, IRA
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